04 Nov, 2024 News Image New trade strategy could help India shift from 'no' to 'yes' in deals.

India’s approach to free trade can appear contradictory. Officials insist they are serious about closing new deals with the UK and the European Union and improving older ones with countries such as Australia. But they also complain that free trade deals in the past have 'hurt' India or that they serve as a backdoor for unwelcome Chinese goods.


 Source:  business-standard.com
04 Nov, 2024 News Image Bangladesh: Tariff commission recommends zero duty on onion imports as prices skyrocket.
The Bangladesh Trade and Tariff Commission (BTTC) has recommended to the National Board of Revenue (NBR) that the existing 5.0 per cent customs duty on onions be withdrawn.
This proposal aims to stabilize soaring prices in the local market, according to sources from the commerce ministry.
 

 Source:  thefinancialexpress.com.bd
04 Nov, 2024 News Image ICRISAT & SKUAST co-develop first cold-tolerant sorghum in Jammu and Kashmir.

Jammu and Kashmir will release new forage sorghum varieties in 2025, marking the first successful adaptation of this dryland crop to the region's temperate climate. The release follows advanced on-farm trials of elite sorghum lines conducted by the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) in collaboration with the Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST), Kashmir.


 Source:  fnbnews.com
01 Nov, 2024 News Image Indonesia considers importing 1 mln tons of rice from India next year, minister says.

Indonesia is considering a plan to import 1 million metric tons of rice from India in 2025 to secure supply until its main harvest, Coordinating Minister for Food Affairs Zulkifli Hasan said after a meeting of food and agricultural officials on Tuesday.


 Source:  reuters.com
01 Nov, 2024 News Image India-Saudi Arabia strengthen trade ties at 2nd ministerial meeting of economy and investment committee.

Union Minister Piyush Goyal and Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman Al Saud, co-chaired the second Ministerial Meeting of the Economy and Investment Committee under the Saudi-India Strategic Partnership Council (SPC).


 Source:  aninews.in
01 Nov, 2024 News Image Piyush Goyal promotes one district one product in Riyadh.
Union Minister Piyush Goyal, on a two-day visit to Saudi Arabia, inaugurated the 'One District One Product' (ODOP) Wall at the Indian Embassy.
With ODOP, the government aims to spotlight local products on international platforms, transforming various districts across India into 'Made in India' hubs.

 Source:  theprint.in
01 Nov, 2024 News Image India doesn t look at US-China tension as a source of benefit: Piyush Goyal.

India doesn’t look at US-China tension as a source of benefit and the country can stand on its own feet, commerce and industry minister Piyush Goyal said Wednesday.


 Source:  economictimes.indiatimes.com
01 Nov, 2024 News Image Global rice prices drop over 10% after India lifts all curbs on exports.

Rice prices in the global market have dropped by over 10 per cent over the past fortnight, mainly because of India lifting all curbs on exports and arrivals of new crops in Pakistan and Myanmar, traders said.


 Source:  thehindubusinessline.com
01 Nov, 2024 News Image Paddy procurement in full swing in the food bowl of India.
Punjab and Haryana are the food bowls of our country and like every year 185 LMT and 60 LMT of paddy is estimated to be procured from these two states respectively during KMS 2024-25. These two States account for almost 40 percent of Central Pool procurement. The procurement operations are ongoing in full swing in both the States.
 

 Source:  foodtechbiz.com
01 Nov, 2024 News Image Bangladesh: Govt decides to lift duties on rice imports.
The government is set to import a substantial quantity of rice and withdraw import duties to boost stock.
It has taken the step following rice production loss due to the recent floods, which caused prices to go up in the local market.

 Source:  thedailystar.net